Happiness and the Easterlin paradox

Richard A. Easterlin interviewed by
Romesh Vaitilingam,
10 April 2009

Richard Easterlin of the University of Southern California talks to Romesh Vaitilingam about the Easterlin paradox – his finding, first published in 1974, that although people with higher incomes are more likely to report being happy, rising incomes do not lead to increases in subjective wellbeing. The interview was recorded at the American Economic Association meetings in San Francisco in January 2009.